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100 Cunningham Ln 10,010 SF 77% Leased Office Building Clayton, NC 27527 $1,500,000 ($149.85/SF)



INVESTMENT HIGHLIGHTS
- Located within a community, along with other small businesses.
- 5 of 6 spaces leased.
- Prime location in the heart of Riverwood Athletic Club.
- Property is zoned for commercial use and sits on a 0.85-acre lot.
EXECUTIVE SUMMARY
Located in the heart of the Riverwood Athletic Community, this 9,489 sq. ft. commercial building on 0.85 acres presents an outstanding investment opportunity. Currently, five units are leased with tenants, while 2,736 sq. ft. remains available for an owner-user or additional income potential.
Originally designed as a medical office building, the flexible commercial zoning allows for a wide variety of uses beyond medical, including professional offices or business services. With 16 dedicated parking spaces/1 handicap parking and steady rental income, this property offers both stability and growth potential. There are 7 additional parking spaces adjacent to the parking lot available as first come/first serve. An additional 16 parking spaces (first come/first serve) are in the process of being approved with the town adjacent from the building *the 7 parking spaces plus 16 parking spaces are public use and not part of the sale
A rare chance to own a versatile, income-producing property in one of the area's most desirable live-work-play communities!
Originally designed as a medical office building, the flexible commercial zoning allows for a wide variety of uses beyond medical, including professional offices or business services. With 16 dedicated parking spaces/1 handicap parking and steady rental income, this property offers both stability and growth potential. There are 7 additional parking spaces adjacent to the parking lot available as first come/first serve. An additional 16 parking spaces (first come/first serve) are in the process of being approved with the town adjacent from the building *the 7 parking spaces plus 16 parking spaces are public use and not part of the sale
A rare chance to own a versatile, income-producing property in one of the area's most desirable live-work-play communities!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
10,010 SF
Building Class
B
Year Built
2006
Price
$1,500,000
Price Per SF
$149.85
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,010 SF
Building FAR
0.27
Lot Size
0.85 AC
Zoning
COM - Commercial
Parking
17 Spaces (1.7 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 16I02009I | Improvements Assessment | $1,161,150 |
| Land Assessment | $207,350 | Total Assessment | $1,368,500 |
PROPERTY TAXES
Parcel Number
16I02009I
Land Assessment
$207,350
Improvements Assessment
$1,161,150
Total Assessment
$1,368,500
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100 Cunningham Ln
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